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A senior executive spent tens of thousands of pounds of his firm's money on prostitutes, drugs and private holidays amid a culture of poor financial controls at one of Britain's biggest service companies, a tribunal has been told.
A admitted that over a 10-year period he had spent £40,000 of the company's money on prostitutes, £50,000 on lap dancers, £50,000 on cocaine, £18,000 on home improvements and £250,000 on living expenses, including private holidays.
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